The Australian dollar fell against most major rivals on Thursday despite strong labor data. Australia's unemployment rate was unchanged in April at 4.1%, same as March, and matching expectations. The Australian economy added 89.0 thousand new jobs in April, easily beating estimates of a 20.9 thousand addition, while March's reading was revised to show the addition of 32.2 thousand jobs...

The Australian dollar rose in Asian trade on Wednesday against a basket of major rivals, expanding gains for the second straight session against the US dollar and hitting a week high, while approaching five-week highs following strong Australian wages data. The data renewed inflationary pressures on the Reserve Bank of Australias policymakers, which hurt the odds of a rate cut...

...

The Australian dollar fell against most major rivals on Wednesday following labor data. Australian wages rose 0.9% in the first quarter of the year, above estimates of 0.8%. On trading, the AUD/USD pair rose 0.7% as of 20:56 GMT to 0.6428. Loonie The Canadian dollar fell 0.3% against the greenback as of 20:56 GMT to $0.7155. The US Dollar The...

12:56 PM EDT, 06/10/2024 (MT Newswires) -- US equity indexes were mixed in choppy trading on Monday as most government bond yields kicked off the week on a higher note ahead of the latest reads on inflation and monetary policy mid-week. The Nasdaq Composite climbed 0.4% to 17,199.1, with the S&P 500 up 0.2% to 5,356.2. The Dow Jones Industrial...

OIL PRICES EXTEND GAINS, U.S. CRUDE UP BY $2 A BARREL ...

Most US stock indices fell mildly on Monday as markets await important events this week. They include the Federal Reserves policy meeting this week, expected to maintain interest rates unchanged, with Fed Chair Jerome Powell talking later about the future of policies. Markets also await US consumer prices data later this week, in addition to producer prices data. On trading,...

OIL PRICES EXTEND GAINS, U.S. AND BRENT CRUDE UP BY $1 A BARREL ...

(Reuters) - The U.S. government's antitrust lawsuit against Apple ( AAPL ) draws on the watershed 1998 case that broke Microsoft's ( MSFT ) stranglehold on desktop software, but that may prove to be an imperfect blueprint for addressing smartphone competition. The market for the iPhone today looks very different from the near-monopoly enjoyed by Microsoft's ( MSFT ) Windows...

TOKYO (Reuters) - In the coming years, Satoaki Kanoh needs to replace almost a dozen ageing machines at his Tokyo-based maker of acrylic panels, a major undertaking that he worries will become even more expensive. Ideally, I'd like to do one a year. But I don't have that much money, Kanoh said of the customised pieces of machinery that cost...

In the preceding three months, 17 analysts have released ratings for Confluent , presenting a wide array of perspectives from bullish to bearish. The following table summarizes their recent ratings, shedding light on the changing sentiments within the past 30 days and comparing them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 7 5 5...

Analysts' ratings for Clear Secure ( YOU ) over the last quarter vary from bullish to bearish, as provided by 7 analysts. The table below provides a concise overview of recent ratings by analysts, offering insights into the changing sentiments over the past 30 days and drawing comparisons with the preceding months for a holistic perspective. Bullish Somewhat Bullish Indifferent...

The probe pertains to Dapoli resort, which is allegedly illegal. The former minister and Shiv Sena (Uddhav) leader, Anil Parab, allegedly wangled a permit to use land meant for agricultural use. The ED had started the investigation under the the Prevention of Money Laundering Act (PMLA) after a complaint from the Environment Ministry.

On Tuesday, the Gehlot government invited bids for both projects to build the dams within the next four years. The chief minister had announced both projects in last year’s budget.

Accusing Kejriwal of being busy with election campaigning in poll-bound states and waking up to the situation late, Minister of State for Consumer Affairs, Food, and Public Distribution, Ashwini Kumar Choubey, said that the Centre had held a meeting with Chief Secretaries and senior officials from four North Indian states on 20th October to discuss measures to reduce air pollution, which he claims weren't adopted by the AAP-led governments.

A fire that broke out at the waste treatment plant in Kochi on March 2, 2023, continues to spread toxic fumes even after 11 days of the incident. The Kerala government has said that 95 percent of the fire has been extinguished, but the smoke from the landfill has not entirely subsided. 

03:12 PM EDT, 05/08/2024 (MT Newswires) -- Aldeyra Therapeutics ( ALDX ) said Wednesday the first patient has been enrolled in a phase 3 dry eye chamber trial of reproxalap in dry eye disease. Reproxalap is an investigational reactive aldehyde species modulator, and the trial is designed to support the resubmission of a new drug application, the company said. The...

Investors with a lot of money to spend have taken a bearish stance on Altria Group ( MO ) . And retail traders should know. We noticed this today when the trades showed up on publicly available options history that we track here at Benzinga. Whether these are institutions or just wealthy individuals, we don't know. But when something this...

03:00 PM EDT, 05/08/2024 (MT Newswires) -- HireRight Holdings' ( HRT ) shares eased 0.1% in recent Wednesday trading, a day after the company reported Q1 adjusted diluted earnings of $0.22 per share, up from $0.15 a year earlier. Two analysts polled by Capital IQ expected $0.23. Revenue in the quarter ended March 31 fell to $173.2 million from $175.4...

03:08 PM EDT, 05/08/2024 (MT Newswires) -- Intel ( INTC ) and Qualcomm ( QCOM ) are expected to see a modest impact from the US government's decision to revoke their licenses to sell chips for use in Huawei Technologies' phones and laptops, Wedbush Securities said Wednesday. The US Department of Commerce informed Intel ( INTC ) Tuesday that it...

Binance will pay $4.3 billion in one of the largest corporate agreements in US history. Changpeng Zhao will pay a $50 million fine under a deal that requires him to step down as CEO. Zhao pleaded guilty Tuesday to violating the Bank Secrecy Act in federal court in Seattle.

The crypto market is experiencing one of its longest, most bitter winters in recent history. It has caused a massive...

Negotiations between the Justice Department and Binance include the possibility that its founder Changpeng Zhao would face criminal charges in the US under an agreement to resolve the probe into alleged money laundering, bank fraud and sanctions violations, according to the Bloomberg.

Bitcoin prices have typically rallied in the past following halvings. Six months after the first halving in 2012, the price jumped to $126 from $12. After the second halving in 2016, it went to $1,000 from $654 within seven months and in 2020 it shot up to $18,040 from $8,570 in the same time period.